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$22.7bn loan request meant for infrastructure ' FG

Published by Vanguard on Tue, 10 Dec 2019


The Federal Government has said that the proposed amount of the 22.7 billion dollars requested by President Muhammadu Buhari in the External Borrowing Plan (2016 to 2018) would be invested in infrastructure development and not consumption.Minister of Works and Housing, Mr Babatunde Fashola, Minister of Finance, Mrs Zaynab Ahmed and Minister of State, Transport, Ms Gbemisola Saraki made this known in a public hearing before the joint house committees on Tuesday.The house committees are Aids, Loans and Debt Management, and Rules and Business.Continue reading $22.7bn loan request meant for infrastructure ' FG at Vanguard News.
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